Great Intro to Captives: As an advisor, I've had clients repeatedly ask me about captive insurance companies but I didn't know much more about them and simply referred them to people like Jay who dealt with them. They always seemed like a "black box" planning technique where the secrets of how they worked were hidden from the unitiated. With this book, Jay opens that box and gives a great explanation of what captive insurance companies are, how they work, what it takes to get them licensed, how they are taxed, what policies they can issue, where they can be formed, and a bunch of other stuff that helps advisors like me understand the basic concept. I think this would be a great book to give as a gift to clients who were interested in captives as it explains their benefits -- and limitations -- quite clearly.
Very Helpful: I'm in the process of determining whether a captive makes sense for my company. Mr. Adkisson's guide is very imformative. He is a little weak in his pure insurance knowledge but the concepts are more creative and thorough than others I have researched.
An excellent starting point: Jay Adkisson's book on captive insurance companies is a good starting point for anyone who wants an overview of an often overlooked or misunderstood subject. The book is a little heavy on statutes and some case law, but otherwise gives an excellent introduction to the benefits and risks of establishing and maintaining these structures.
Boilerplate: Book is 80 pages of boilerplate information that is available on net plus 200 pages of regulatory and tax code also available on net. Not worth it!
| Author: | Jay D Adkisson | | Binding: | Paperback | | Dewey Decimal Number: | 368 | | EAN: | 9780595422371 | | Edition: | 0 | | ISBN: | 0595422373 | | Number Of Pages: | 370 | | Publication Date: | 2006-12-17 | | Release Date: | 2006-12-17 |
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